Topaz fights to overturn arrest of three vessels in Nigeria, $9m lawsuit

Topaz Energy and Marine expects a “prompt resolution” to a dispute with a disgruntled business partner…

Nigeria foreign investment inflow crashes by 45%

Foreign Portfolio Investment (FPI) inflow, which represents foreign wealth pumped into Nigerian economy through the capital…

Spain imports N1.38tr products from Nigeria

The Economic and Commercial Counsellor at the Embassy of Spain in Nigeria, Pablo Segrelles, on Tuesday, announced that Spain…

Buhari’s visit to China brought consensus of furthering China-Nigeria partnership – Envoy

The newly appointed Consul General of the People’s Republic of China to Nigeria, Chao Xiaoliang, has…

Nigeria’s economic woes deepens as CBN reserves fall to $19bn, non-oil exports crash by 43%

Hopes of a quick end to Nigera’s economic challenges faded yesterday as the Central Bank of…

Awolowo: Nigeria lost $30bn oil revenue in 2015 

Nigeria lost $30 billion in oil revenue between 2014 and 2015, the Executive Director, Nigerian Export…

Nigeria spends $6bn on wheat importation annually

The Director, Institute for Agricultural Research (IAR), Zaria, Prof. Ibrahim Umar-Abubakar, on Thursday said Nigeria’s wheat…

Nigeria approves 3-year budget plan, WTO trade facilitation agreement 

The Federal Executive Council (FEC) on Wednesday in Abuja approved the Medium Term Expenditure Framework (MTEF)…

$10bn trapped outside Nigeria due to FG, CBN policies

The organised private sector, comprising manufacturers and small businesses in the country, Tuesday, stated that the…

Nigeria earns N3.3tr from crude oil sales to India, others in one year 

Nigeria exported 322 million barrels of crude oil valued at $17billion to India, Spain and the…

How can Nigeria earn more money from export?

Due to the economic recession and low revenue from importation, the government has decided to diversify…

Russia to build strong economic relations with Nigeria  

The ambassador of Russia in Nigeria, Nikolay Udovichenko, said on Tuesday in Abuja that his country…